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AMENDMENT TO OPTION AGREEMENT FOR PROCESSED <br />VEGETATIVE WASTE BETWEEN INDIAN RIVER COUNTY SOLID <br />WASTE DISPOSAL DISTRICT AND ALLIANCE BIOENERGY +, INC. <br />THIS AMENDMENT TO OPTION AGREEMENT FOR PROCESSED <br />VEGETATIVE WASTE BETWEEN INDIAN RIVER COUNTY SOLID WASTE <br />DISPOSAL DISTRICT AND ALLIANCE BIOENERGY +, INC. ("Amendment") is entered <br />into as of this 18 day of July, 2017, by and between Indian River County Solid Waste Disposal <br />District, a dependent special district of Indian River County, Florida whose address is 1801 27th <br />Street, Vero Beach, Florida, 32960 (the "County"), and Alliance Bioenergy +, Inc., 400 N. <br />Congress Avenue, Suite 130, West Palm Beach, Florida, 33401 ("Alliance Bioenergy"): <br />RECITALS <br />WHEREAS, Alliance Bioenergy is pursuing obtaining the former INEOS New Planet <br />Bioenergy, LLC property located at 925 74th Avenue SW, Vero Beach, Florida (the "Property"); <br />and <br />WHEREAS, if Alliance Bioenergy is able to obtain the Property, Alliance Bioenergy <br />intends on utilizing a portion of the County's processed vegetative waste as part of its business <br />operations; and <br />WHEREAS, on February 7, 2017, County and Alliance Bioenergy entered into an Option <br />Agreement for Processed Vegetative Waste (the "Agreement"), in which County granted to <br />Alliance Bioenergy the exclusive right and option to a portion of County's processed vegetative <br />waste (the "Option"); and <br />WHEREAS, under the Agreement, the Option will expire on August 6, 2017; and <br />WHEREAS, the County and Alliance Bioenergy desire to extend the duration of the <br />Option in order to allow Alliance Bioenergy more time to close on the purchase of the Property; <br />NOW THEREFORE, in consideration of the mutual undertakings herein and other good <br />and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties <br />agree, as follows: <br />1. Recitals. The above recitals are true and correct and are incorporated in this Amendment. <br />2. Extension of Option. The Option set forth in the Agreement shall immediately terminate <br />if Alliance Bioenergy is unable to close on the Property, or within 90 days of the execution <br />of this Amendment, whichever occurs first. <br />3. Remaining Terms and Conditions of Agreement. Except as amended in this <br />Amendment, the terms and conditions of the Agreement shall remain in full force and <br />Page 1 of 2 <br />